Image – Supplied
  • A prime sire on Queensland's Southport Spit has hit the market
  • Expressions of interest opened this week
  • Potential developers will need to live up to the vision of 'The Split Master Plan'

A beachfront site in Southport Spit, the northernmost section of the Gold Coast, has hit the market and is anticipated to generate national and international interest among companies who see its potential for development.

Deputy Premier and Minister for State Development, Steven Miles, announced that expressions of interest opened today.

“To maintain a strong pipeline of jobs and investment on The Spit, the 1.62-hectare site south of the Sheraton Grand Mirage Resort is being released to the market via a competitive bid process,” Mr Miles said.

Prospective developers will need to live up to the expectations of  ‘The Split Master Plan’. Compiled in 2019, it outlines the vision for the future of the neighbourhood.

Mr Miles is anticipating proposals for the site that will match the high-quality precinct envisioned.

The Spit is located on the Gold Coast. Image – Supplied

“The master plan reimagines this site as a resort-style complex with a public plaza flowing from Seaworld Drive to the ocean and the public car park moving south into Hollingdale Park,” explained Mr Miles.

The Golden Door Spa and Health Club was formerly located on the site; it has various existing facilities such as tennis courts, a swimming pool and a gym.

The prime beachfront site is offered on a long term lease. CBRE Gold Coast is leading the expressions of interest campaign.

CBRE Hotels National Director Wayne Bunz believes that as nearby states feel the effects of Covid, investors are keen to follow the sun to Queensland.

You May Also Like

Third.i seeks Newcastle expansion

Development group currently completing several projects in area with plans for further investment

$50M redevelopment approved for 60s-era commercial block

24 Bay Street is a rare example of 1960s commercial architecture

Aniko Group hones in on Chevron Island

The group has acquired a three-lot site on the island

Iris Capital’s Queensgate sales top $121M

23 of 48 apartments already sold